Yes, I recognize all too well that the stock market is at the highest levels seen in the history of the universe……..
But on days like this, I like to sell into that massive strength (driven purely by Greek rumors, naturally). Thus I entered a new short in real estate fund IYR, shown below. Lower lows. Lower highs. Downtrend. Anything that can behave like this in the context of this insane bubble market is a friend of mine.
